Profitability Gross Margin +40.96 Operating Margin +15.05 Pretax Margin +11.62 Net Margin +1.27 Return on Assets 0.16 Return on Equity 0.35 Return on Total Capital 2.47 Return on Invested Capital 0.23
On the other hand, Hua Yang 4th QR (ending March 2023) has this good news: "On 19 May 2023, the Judge allowed for Notice of Application and amended Statement of Claims, the damages claimed by 3rd and 4th Plaintiffs are significantly reduced from RM4,345,362.37 to RM496,534.81. The next Case Management on 18 July 2023. Other than the above, there were no material litigation since the date of the last annual statement of financial position to the date of this report."
Total unbilled sales at the end of the quarter under review stood at RM208.52 million. The Group has undeveloped landbank of 391 acres across key regions with an estimated GDV of RM5.2 billion.
From what I can see so far, this is a business started by the hardworking father and supportive wife and siblings and then passed to children after they finished uni! I think my money will be safe here. To those who know this company more, please tell us.
@CHWong, but see a lot of movements on the ground :) See www.facebook.com/huayangberhad/ i like the efforts by Hua Yang to keep ppl updated on its progress!
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Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-22 07:56 | Report Abuse
Hua Yang
Profitability
Gross Margin +40.96
Operating Margin +15.05
Pretax Margin +11.62
Net Margin +1.27
Return on Assets 0.16
Return on Equity 0.35
Return on Total Capital 2.47
Return on Invested Capital 0.23